Lupa Technology, a Serbian-US data management platform, recently secured $1.8M in funding from South Central Ventures and the World Bank/EU Commission. The funds will be used to support global expansion for the cloud-based SaaS designed for the construction industry.
Founded in 2021, Lupa is revolutionizing the way companies manage their data by providing a platform that mines and unifies data from other sources, processes documents, offers construction-specific workflows, and uses generative AI insights and reporting. With its headquarters in New York and Belgrade, Lupa has primary markets in the USA, UK, EU, and GCC regions.
Lupa Technology’s CEO, Vladimir Milovanovic, expressed excitement about the investment and highlighted the platform’s practical impact on businesses. The company has gained significant traction in the market and is helping clients make progress in their digital transformation efforts.
According to Goran Stevanovic, Partner at South Central Ventures, Lupa Technology’s innovative approach to data management and deep understanding of construction challenges make them a key player in improving operational efficiencies in the industry. The investor is thrilled to support Lupa’s disruptive AI-driven solutions and is impressed with the quality and dedication of the Lupa team.
